Baosteel raises tinplate list prices for July sales

Baoshan Iron & Steel Co (Baosteel), the listed arm of the world’s top steelmaker China Baowu Steel Group, is raising its list prices for electrolytic tinplate (ETP) by Yuan 220/tonne ($32.5/t) for domestic sales in July, while keeping those for electrolytic chromium coated steel or tin free steel (TFS) unchanged for next month, according to the company’s latest pricing announcement issued on June 3.

The announcement is released at the beginning of each month, separate from the pricing adjustment for major flat steel products like HRC, CRC and electrical steel, Mysteel Global noted.

The latest policy marks the fifth rise for its tinplate list prices since January this year and is mainly to counter the surging price of tin, Baosteel explained in the release.

Baosteel's price adjustment policies for tin mill products from January to June 2026

Source: Baosteel

On June 3, Mysteel assessed the national average price of Sn99.90 tin ingot at Yuan 446,250/t EXW including the 13% VAT, higher by Yuan 51,750/t or $7,637/t on month.

Meanwhile, the market price of Baosteel MR T-4CA 0.2*913mm tinplate coil with a coating mass of A2.8g/m2 stood at Yuan 7,450/t in Shanghai the same day, up by Yuan 100/t on month.

Baosteel operates four production bases across China -- the Baoshan works in East China's Shanghai, Qingshan in Central China's Wuhan, Dongshan in Zhanjiang of South China's Guangdong, and Meishan in East China's Jiangsu.

The tin mill products are mainly produced at its Baoshan, Meishan and Qingshan works, Mysteel Global noted.

Source:Mysteel Global